RITESH KOTHARI (B.COM, FCA, DISA(ICAI)) (778 Points)
22 July 2010In FY? 2010-11 if a person is not having PAN, then TDS has to be deduted @ 20%, but where to show in the Return for 1st Qtr?
CA Surya Desraj
(CA)
(75 Points)
Replied 22 July 2010
While preparing TDS return u can show it in the relevant section head under which it is deductible but the amount of tax would be @ 20% rate.Suppose if he is a contractor---- the show under 92C but amount of tax wiil be @ 20%...
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
CAclubindia
